Monthly Archives: July 2013

July 31, 2013

• The Hidden Credit Report That Shuts People Out of the Banking System
  by Yves Smith 12:15 pm

• Links 7/31/13
  by Yves Smith 7:04 am

• ObamaCare’s Relentless Creation of Second-Class Citizens (4)
  by Lambert Strether 3:55 am

• More Obama Big Lies: Touting Sweatshop Amazon Warehouse Jobs as “Middle Class”
  by Yves Smith 3:54 am

• Europe’s Good News, Bad News
  by Yves Smith 3:34 am

July 30, 2013

• Manning Found Not Guilty of “Aiding the Enemy,” Guilty on 20 of 22 Espionage Counts
  by Lambert Strether 3:02 pm

• Link 7/30/13
  by Yves Smith 6:23 am

• Fiscal Crises: Coming To A City Near You?
  by Yves Smith 5:59 am

• Memo to Eliot Spitzer: If Even Harvard’s Own Law Firm is More Loyal to Bain, How Can You Get Good Legal Advice?
  by Yves Smith 3:11 am

• David V. Johnson: Revolutionizing Ethics
  by Yves Smith 3:00 am

• James Galbraith on Social Breakdown and Financial Stress in Europe and Why the Word “Stimulus” Needs to be Banned
  by Yves Smith 2:50 am

July 29, 2013

• Links 7/29/13
  by Lambert Strether 6:55 am

• Tom Engelhardt: Edward Snowden vs. Robert Seldon Lady Shows How Our One-Superpower World Works
  by Yves Smith 4:30 am

• Bad Derivatives Trades Added to Detroit’s Woes
  by Yves Smith 3:54 am

• Monday DataDive: June’s New and Existing Home Sales and Advance Report on Durable Goods
  by Lambert Strether 1:55 am

• Fukushima Problems Escalating, Radioactive Water Going into Pacific
  by Yves Smith 1:45 am

July 28, 2013

• Links 7/28/13
  by Lambert Strether 6:55 am

• Global Political Risk: China “Social Unrest” Numbers, the Chengguan and the Watermelon Seller, and the Economic Slowdown
  by Lambert Strether 3:55 am

• Michael Hudson: Obama’s Master Class in Demagogy 101
  by Lambert Strether 2:55 am

• Joel Northam: Barack Obama is NOT Trayvon Martin
  by Lambert Strether 1:55 am

July 27, 2013

• Links 7/27/13
  by Yves Smith 3:48 am

• Bill Black: Is it Legal Malpractice to Fail to Get Holder to Promise Not to Torture your Client?
  by Yves Smith 2:46 am

• Yes, Virginia, Rich People Are Not the Same as You and Me. They Cheat More.
  by Yves Smith 1:52 am

July 26, 2013

• Links 7/26/13
  by Yves Smith 7:05 am

• A Pox on Optimists!
  by Yves Smith 6:48 am

• Chicago CEO Club, With Rahm and Pritzkers on Board, Pushed for Chicago Bond Downgrade, Whacking Local Investors and Pension-Holders
  by Yves Smith 4:38 am

• Robert Prasch: The Next Chair of the Federal Reserve Must be a Regulator
  by Yves Smith 2:18 am

July 25, 2013

• Memo to Eliot Spitzer: Private Equity Firms are Scamming New York City
  by Yves Smith 11:00 am

• Links 7/25/13
  by Yves Smith 6:28 am

• Lynn Parramore: The Depressing Tale of How Greedy Financial Titans Crushed Innovation and Destroyed Our Economy
  by Yves Smith 5:33 am

• Europe Extends and Pretends
  by Yves Smith 4:07 am

• Michael Hudson Shreds Obama’s Orwellian Speech on Middle Class Prosperity
  by Yves Smith 3:38 am

July 24, 2013

• Close House Vote on Amash Amendment to Curb the NSA a Blow to the Security State
  by Yves Smith 8:55 pm

• Links 7/24/13
  by Yves Smith 7:00 am

• Nathan Tankus: Marx on Ireland, Then and Now
  by Nathan Tankus 6:15 am

• I’m Three Hops from a Terrorist, and Therefore Probably in the NSA’s Dragnet. And You?
  by Yves Smith 5:47 am

• Four Headwinds to the US Housing Recovery
  by Yves Smith 4:23 am

• Why It’s Absurd that America Doesn’t Tax Wall Street’s Transactions
  by Yves Smith 12:33 am

July 23, 2013

• Links 7/23/13
  by Yves Smith 7:05 am

• The Decline and Fall of Detroit
  by Yves Smith 6:37 am

• An Eye For A Rubber Bullet: The Dangers Of Non-Lethal Weapons
  by Yves Smith 4:28 am

• Iran Gets Creative Over Energy Payments from Turkey and Pakistan
  by Yves Smith 1:59 am

• Yanis Varoufakis: The Annotated Wolfgang Schäuble (PR Versus Reality, European Periphery Edition)
  by Yves Smith 12:10 am

July 22, 2013

• Links 7/22/13
  by Yves Smith 6:48 am

• Why Larry Summers Should Not Be Permitted to Run Anything More Important than a Dog Pound
  by Yves Smith 5:43 am

• Bill Black: Conservatives and Libertarians Should Support the Return of Glass-Steagall
  by Yves Smith 3:02 am

• Monday DataDive: June Reports on Retail Sales, Consumer Prices, Industrial Production, and New Housing Starts
  by Lambert Strether 12:55 am

• Beyond Debt and Growth: An Interview with Robert Pollin
  by Yves Smith 12:04 am

July 21, 2013

• Links 7/21/13
  by Yves Smith 6:00 am

• How Goldman Cost $5 Billion Manipulating Aluminum Inventories (and Copper is Up Next)
  by Yves Smith 4:38 am

• My Game of Thrones Problem
  by Yves Smith 2:37 am

July 20, 2013

• Links 7/20/13
  by Yves Smith 3:55 am

• Chris Hedges: “America is a Tinderbox”
  by Yves Smith 2:31 am

• Wolf Richter: “Who Could Trust Such A Company?” – The Big Fat Lies About Radiation Exposure Of Workers At Fukushima
  by Yves Smith 1:16 am

July 19, 2013

• Links 7/19/13
  by Yves Smith 4:31 am

• As Good as a Stopped Clock: The House Does Transparency
  by Yves Smith 3:54 am

• Why Are Americans’ Life Expectancies Shorter than Those of People in Other Advanced Economies?
  by Yves Smith 3:09 am

• Is an Oil Shock Brewing?
  by Yves Smith 1:33 am

• Chris Hedges on Whether We Can Change Trajectory and Avert Collapse
  by Yves Smith 12:19 am

July 18, 2013

• Links 7/18/13
  by Yves Smith 5:55 am

• China’s Most Famous Ghost City Busts
  by Yves Smith 5:31 am

• How the AMA Engages in Government-Sanctioned Price Fixing
  by Yves Smith 4:26 am

• An Open Letter to the Media – #Snowden and Latin America
  by Yves Smith 2:46 am

• TransPacific Partnership to Let Foreign Investors Gut Regulations, Keep Big Ag Subsidies
  by Yves Smith 12:10 am

July 17, 2013

• Links 7/17/13
  by Yves Smith 6:45 am

• ObamaCare Rollout: Will the All the State Exchanges Launch on Time? A Secretive Project Out of Control
  by Lambert Strether 5:30 am

• The Global Race for Inventors
  by Yves Smith 4:10 am

• Germany Keeps Whistling as Iberia Starts to Burn
  by Yves Smith 3:16 am

• McDonalds Tells Workers to Toil 70 Hours a Week, Use Ripoff Payroll Cards as Part of “Financial Literacy”
  by Yves Smith 2:19 am

July 16, 2013

• Links 7/16/13
  by Yves Smith 6:45 am

• Thomas Ferguson: Why Spitzer’s Return Terrifies Big Finance
  by Yves Smith 6:03 am

• Quantitative Easing: Can it Be Unwound?
  by Yves Smith 3:36 am

• Some Datapoints on Global Political Risk
  by Lambert Strether 2:30 am

• Bill Black: What if Bernanke Had the Character to be Candid?
  by Yves Smith 12:10 am

July 15, 2013

• Links 7/15/13
  by Lambert Strether 6:55 am

• House Republican GSE Bill Would Codify MERS, Pre-Empt Private Property Rights
  by David Dayen 6:00 am

• Let Them Eat Credit: Has Financial Capitalism Failed the World?
  by Lambert Strether 3:43 am

• Just How Low Can Spain Go?
  by Yves Smith 3:17 am

• Monday DataDive: May’s Consumer Credit, LPS Mortgage Monitor, and JOLTS
  by Lambert Strether 2:45 am

July 14, 2013

• Links 7/14/13
  by Lambert Strether 6:55 am

• Thug Politics
  by Lambert Strether 2:55 am

• Are Private Schools Really Better? Not for Everybody and not Everywhere
  by Lambert Strether 12:55 am

July 13, 2013

• Donate to Lambert’s Fundraiser…Now!
  by Yves Smith 11:00 am

• Has Snowden Just Misplayed His Cards?
  by Yves Smith 9:30 am

• Links 7/13/13
  by Yves Smith 6:58 am

• Bill Moyers: Weapons of Mass Distraction
  by Yves Smith 4:22 am

• Econ4 on the New Economy
  by Yves Smith 1:25 am

July 12, 2013

• Links 7/12/13
  by Yves Smith 6:22 am

• ObamaCare Train Wreck on the Twitter: Administration PR Team Launches Google Hangout to Online Derision, Part II
  by Lambert Strether 5:30 am

• Banks Win Again: CFTC Caves, SEC Opens Door Wide Open to Fraud
  by Yves Smith 5:12 am

• On the Poor Definition and Measurement of Corruption
  by Yves Smith 4:39 am

• “Immigration Reform” = “Surveillance Reform” as Military Tactics Move Inland From US Borders
  by Yves Smith 2:06 am

July 11, 2013

• Links 7/11/13
  by Yves Smith 6:20 am

• Yanis Varoufakis: Europe Resorts to Authoritarianism to Paper Over Banking and Austerity Failures
  by Yves Smith 5:23 am

• ObamaCare Train Wreck on the Twitter: Administration PR Team Launches Google Hangout to Online Derision, Part I
  by Lambert Strether 4:35 am

• The Fed (Sort of) Speaks, but is the Bond Market Really Listening?
  by Yves Smith 4:14 am

• Michael Hoexter: Politically Fashionable Carbon Gradualism vs. Reality
  by Yves Smith 2:54 am

July 10, 2013

• Links 7/10/13
  by Yves Smith 7:01 am

• Nathan Tankus: The Fed’s Tapering Troubles and the Real Liquidity Trap
  by Nathan Tankus 6:54 am

• Aging Demographics to Crunch Global Growth
  by Yves Smith 6:52 am

• Quelle Surprise! 38% of Prospective Home Buyers Halt Search Due to Rate Shock
  by Yves Smith 6:50 am

• Wall Street and Unions Have Knives Out Against Spitzer’s NYC Comptroller Run
  by Yves Smith 6:11 am

July 9, 2013

• Links 7/9/13
  by Yves Smith 6:59 am

• Your Tax Dollars at Work: What Force Feeding at Gitmo Looks Like
  by Yves Smith 6:46 am

• Quelle Surprise! Crappy Labor Market Leads to Rise in Public Perception of Unions
  by Yves Smith 5:51 am

• New York Times Does Hatchet Job on MMT
  by Yves Smith 4:56 am

• Wolf Richter: Blinded By Optimism, German Economy Now Below Stall Speed
  by Yves Smith 1:27 am

July 8, 2013

• Links 7/8/13
  by Yves Smith 6:55 am

• “Les Français sont comme les chihuahuas” (#Snowden)
  by Yves Smith 6:54 am

• Banks Outbidding Private Equity Funds at Foreclosures, Believing They Can Beat Them at the Pump and Dump Game
  by Yves Smith 5:55 am

• ObamaCare Rollout: Punts on Income Verification and Employer Insurance Checks, Setting Stage for Insurers to Call Mistakes “Fraud” and Rescind Policies
  by Lambert Strether 5:15 am

• Monday DataDive: May’s Trade Deficit, Factory Orders and June’s ISM Reports
  by Lambert Strether 3:30 am

July 7, 2013

• Links 7/7/13
  by Yves Smith 3:17 am

• It’s Time to Levy the Land
  by Yves Smith 3:08 am

• UN Accuses Israel of Torturing Palestinian Children
  by Yves Smith 1:35 am

July 6, 2013

• Links 7/6/13
  by Yves Smith 6:13 am

• The Jobs Report Covering June 2013: Seasonal Factors Rule at The Summer Peak
  by Lambert Strether 1:55 am

• Michael Hudson: From the Bubble Economy to Debt Deflation and Privatization
  by Yves Smith 12:10 am

July 5, 2013

• Links 7/5/13
  by Yves Smith 6:00 am

• EU Demands Explanations for US Spying, Threatens Data Pacts and Trade Deal
  by Yves Smith 5:45 am

• David Dayen: A Revealing Episode in DC Groupthink
  by David Dayen 1:00 am

July 4, 2013

• Links 7/4/13
  by Yves Smith 1:44 am

• Beware, the Borderless Tax Man Cometh
  by Yves Smith 12:11 am

• Heartburn in Washington: India Calls Iran “Critical” to their Energy Future
  by Yves Smith 12:05 am

July 3, 2013

• Links 7/3/13
  by Yves Smith 2:03 am

• Why Have Student Loans At All? Let’s Get the Burdens of Debt off College Students’ Backs — And Make Wall St. Pick Up the Tab
  by Yves Smith 12:48 am

• Summer Rerun: Why Don’t Americans Take More Vacations? Blame It on Independence Day
  by Yves Smith 12:34 am

July 2, 2013

• Links 7/2/13
  by Yves Smith 3:29 am

• Gaius Publius: A Primer – What’s in a “Tar Sands” Pipeline?
  by Yves Smith 2:42 am

• EU Antitrust Authorities Sue 13 MegaBanks Over Credit Default Swaps Collusion to Stymie Exchanges
  by Yves Smith 2:38 am

• Is Europe Recovering?
  by Yves Smith 12:56 am

• Satyajit Das: The Truth of the Matter
  by Yves Smith 12:05 am

July 1, 2013

• Links 7/1/13
  by Lambert Strether 6:55 am

• Will Snowden Revelations About Spying on Foreign Governments Undermine the European and Pacific Trade Talks?
  by Yves Smith 4:02 am

• ObamaCare’s Relentless Creation of Second-Class Citizens (3)
  by Lambert Strether 3:49 am

• Monday DataDive: First Quarter GDP Revision, Income and Outlays for May, April Case-Shiller Indices, and May New Home Sales
  by Lambert Strether 3:30 am

• Has the U.S. Reached Peak Car?
  by Yves Smith 1:04 am